The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

WASHINGTON, Dec. 21-- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-65-2023) on Dec. 20, 2023: The Federal Deposit Insurance Corporation (FDIC) ...

Notice from the Federal Deposit Insurance Corporation that the New Jersey Title Guarantee and Trust Company has failed, is tacked up on the door of the $23,000,000 bank in Jersey City. Very little ...

The Situation: On September 17, 2024, the Federal Deposit Insurance Corporation ("FDIC") approved a proposed rule ("the Proposal") that would establish new recordkeeping requirements for FDIC-insured ...

WASHINGTON — Federal Deposit Insurance Corp. Chair Travis Hill on Wednesday said that payment stablecoins will likely not qualify for pass-through deposit insurance in remarks that spanned the ...

On September 17, 2024, the Federal Deposit Insurance Corporation (FDIC) proposed extensive new recordkeeping requirements and other compliance obligations (the “Proposal” ) for certain types of ...

A proposed increase to federal deposit insurance levels for certain business accounts is a necessary reform that will support community banks and the communities they serve, writes Jack Hopkins, of ...